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Session 1: Ethical and Professional Standards8 D9 i/ V# a: C. q/ _
5 y& C+ A. G4 D$ nReading 2-II: Standards of Professional Conduct & Guidance: Integrity of Capital Markets3 P) I! V0 a) s r/ s% W4 W) s4 x# V
; l8 L( h1 M/ l; y$ VLOS B.: Market Manipulation.
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0 r8 A; X- V9 x1 S+ d. A& |Steve Waters, a CFA Level I candidate, has decided to enter into a long position of Farmco stock. Since Farmco is thinly traded, Waters is concerned the order will overwhelm the liquidity of Farmco and the price will surge. Waters engages in a series of block trades in order to accomplish the purchase. According to Standard II(B), Market Manipulation, Waters has engaged in:8 ~7 j$ I6 a* p; m
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发表于 2015-12-15 18:13:54
发表于 2019-5-20 13:22:13